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20121006
20121014
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. >> let's talk about that approach and get to the bottom of this disagreement. governor romney says he will not increase the deficit with his tax cut, will not increase taxes on the middle class, so is he saying that if he cannot come up with enough loopholes and deductions, closing the deductions to pay for the tax cuts, which amount to about $5 trillion he will scale them back? >> what he has said, george, he is going to cut tax rates across the board by 20% and offset those cuts with eliminating deductions and loopholes for the upper income families. >> but there aren't enough deductions to pay for that. >> for the middle class families. you can pay for it. there are six studies that say you can do that. you can broaden the base and lower the rates. that would foster economic growth, and we've done that in the past. there's one study that says that you can -- that uses the word assume or assumption 68 times by liberal think tank and that's what gibbs and others point to. >> if it does turn out that the deductions do not make up for the cost of the tax cuts, does governor romney say
the deficit. you heard robert gibbs talk about big bird and the targeting of big bird by governor romney. coming out of that pbs cited poll showing it's the most trusted public institution and it only takes about 0.01% of the federal budget and not seeing big bird show up. was it a mistake to target him? >> george, it wasn't a targeting. it was a, you know, just pointing to one example. as you know, governor romney would move us toward a balanced budget with a 5% cut in nonsecurity discretionary spending and eliminate a number of perhaps and consolidate a number of others. i think with jim lehrer there from pbs, he made the point from a joking reference. look, you have to borrow money from china to pay for these programs, is it worth it? that's the test that should be applied if we impose it on future generations. big bird, i can tell you, as the father of three children grown now, but any father who's gone to a toy store knows that big bird is a pretty commercially successful entity and whether or not we should be subsidizing it, and you can cite, oh, it's not that big a percentage of t
Search Results 0 to 1 of about 2